PCM, INC. (NASDAQ:PCMI) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
PCM, Inc. (the “Company”) held its 2017 Annual Meeting of Stockholders on July 24, 2017. At that meeting, a total of 10,356,890 votes or proxies were tabulated, representing 82.40% of total eligible votes. As of June 9, 2017, the record date, there were 12,568,447 shares outstanding. The following is a summary of matters that were voted on by the stockholders with the votes as noted below according to the final certificate of tabulation provided to the Company by Computershare, the Company’s transfer agent and inspector of elections, approving the proposals:
1. Election of directors to serve until the 2018 Annual Meeting of Stockholders or until their successors are duly elected and qualified. The director nominees received the following votes:
| FOR | WITHHELD | NON-VOTES | |
| Frank F. Khulusi | 7,554,514 | 411,513 | 2,400,863 |
| Thomas A. Maloof | 7,096,313 | 859,714 | 2,400,863 |
| Ronald B. Reck | 7,541,012 | 415,015 | 2,400,863 |
| Paul C. Heeschen | 7,552,080 | 403,947 | 2,400,863 |
2. Proposal to re-approve the performance criteria contained in the Company’s 2012 Stock Incentive Plan for purposes of Internal Revenue Code Section 162(m):
| FOR | AGAINST | ABSTENTIONS | NON-VOTES |
| 7,754,867 | 180,924 | 20,236 | 2,400,863 |
3. Proposal to approve and adopt the PCM, Inc. 2017 Cash Incentive Plan:
| FOR | AGAINST | ABSTENTIONS | NON-VOTES |
| 7,818,627 | 113,980 | 23,420 | 2,400,863 |
4. Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2017:
| FOR | AGAINST | ABSTENTIONS |
| 10,101,896 | 151,701 | 103,293 |
About PCM, INC. (NASDAQ:PCMI)
PCM, Inc. is engaged in providing technology products, services and solutions through direct marketing channels, and owned and operated data centers. The Company offers technology products, solutions and other consumer products. Its segments include Commercial, Public Sector, MacMall, Canada, and Corporate & Other. The Commercial segment sells complex products, services and solutions to commercial businesses in the United States. The Public Sector segment consists of sales made primarily to federal, state and local governments, as well as educational institutions. The MacMall segment consists of sales made through telephone and the Internet to consumers, small businesses and creative professionals. The Canada segment consists of sales made to customers in the Canadian market. The Company sells its products primarily to customers in the United States and Canada, and maintains offices throughout the United States and Canada, as well as in Montreal, Canada and Manila, Philippines.
